Why Jim Cramer is nervous about Best Buy, plus a bright spot in this down market [MSNBC.com]
Best Buy Co., Inc. (BBY)
Last best buy co., inc. earnings: 2/27 07:00 am
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Source: MSNBC.com
Every weekday the CNBC Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Markets dipped lower Friday after a rough week for the S & P 500 , which fell 1.7%. Investors are grappling with the potential impact of a Trump presidency, but Jim Cramer argued this "unease on Wall Street" is premature since we still don't know how the economy will respond to the new administration. Meanwhile, energy and financials are the top-performing sectors, driven by hopes for deregulation and a pro-business environment. Coterra , our oil and natural gas play, stands to gain from increased drilling activity. Jim would "love to double down on Coterra" since data centers will turn more to natural gas to meet soaring energy needs. 2. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. He's concerned about how potential China import tariffs under a Trump presidency woul
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BBY
News
- Best Buy Joins Tiger Woods' Indoor League, TGL, As Founding Partner [Forbes]Forbes
- Best Buy Co., Inc. (NYSE: BBY) had its price target lowered by analysts at Citigroup Inc. from $115.00 to $109.00. They now have a "buy" rating on the stock.MarketBeat
- Best Buy (BBY) Loses -9.37% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Super giant TVs are flying off store shelves [Yahoo! Finance]Yahoo! Finance
- Super giant TVs are flying off store shelves [CNN]CNN
BBY
Earnings
- 8/29/24 - Beat
BBY
Sec Filings
- 10/15/24 - Form 4
- 10/7/24 - Form 4
- 9/26/24 - Form 4
- BBY's page on the SEC website